Capital Clean Energy Carriers (NASDAQ:CCEC) Shares Gap Down – Here’s Why

Posted by Casey Walker on Jan 8th, 2025

Capital Clean Energy Carriers Corp (NASDAQ:CCEC – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $18.58, but opened at $18.18. Capital Clean Energy Carriers shares last traded at $18.18, with a volume of 370 shares changing hands.

Analysts Set New Price Targets

Separately, Fearnley Fonds upgraded Capital Clean Energy Carriers to a “strong-buy” rating in a report on Thursday, October 10th.

Read Our Latest Analysis on CCEC

Capital Clean Energy Carriers Stock Down 1.4 %

The firm has a 50-day simple moving average of $18.44. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.66 and a current ratio of 1.68. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 14.03 and a beta of 0.83.

Capital Clean Energy Carriers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date was Monday, November 11th. Capital Clean Energy Carriers’s dividend payout ratio (DPR) is 46.15%.

Institutional Trading of Capital Clean Energy Carriers

A hedge fund recently bought a new stake in Capital Clean Energy Carriers stock. RBF Capital LLC purchased a new stake in Capital Clean Energy Carriers Corp (NASDAQ:CCEC – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,376 shares of the company’s stock, valued at approximately $195,000.

Capital Clean Energy Carriers Company Profile

(Get Free Report)

Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.